Real estate boost?
In the midst of a flood of tax rate hikes, there are a few hikes that stand out as exceptions. These include the reduction in the scale of taxation of the net capital gain generated or observed by the tax authorities on the occasion of the sale of requalified bare land inside cities. In the case of a sale, the profits that were made were, since January 01, 2013, subject to taxation at a rate of contribution in full discharge of liabilities of 30% in respect of land profits. The same scale also applied to the transfer of real property rights on this same category of land...